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This is a very good point - Artarmon is a great example of this too - there are multiple very distinct markets at play here. There are plenty of units and townhouses near the railway line which have fairly high turnover but vacancy rates are generally not too bad. Units along the highway (and...

I would think the 3 week thing is to deliberately remove those properties which are turned over quickly with new tenants after the old ones vacate. We're not trying to measure tenant turnover - we're trying to measure how many properties are actually vacant. Being vacant for a few days between...

I don't think they will - it depends on who is calculating the figure. For example, as per my previous post, I read that SQM Research only considers a rental property "vacant" if it has been unoccupied and available for rent for at least 3 weeks. Average length of time a property is vacant...

What doesn't sound right about it? The rental vacancy rate is the proportion of the rental inventory that is vacant for rent. Apparently, SQM Research calculates vacancy rates using "listings that have been advertised for three weeks or more (and are still currently advertised as at the...